Rupert Murdoch will serve as co-chairman, 21st Century Fox said

21st Century Fox has named the new leaders of the proposed remaining Fox company if its pending deal to sell much of the company to Walt Disney Co. closes.

Lachlan Murdoch will serve as chairman and chief executive of the so-called New Fox, while Rupert Murdoch will serve as co-chairman, 21st Century Fox said Wednesday. 21st Century Fox Chief Financial Officer John Nallen will take a broader role as chief operating officer at the New Fox